Fed might need to hold rates steady ‘for quite some time,’ Logan says
Even inflation falling close to 2% in the coming months might not necessarily allow the Fed to cut rates soon, Logan said.
Fed Closes Climate Program, Ending Stress-Test Burden for Banks
The Federal Reserve has told Wall Street banks that they won’t need to submit data for climate stress tests, according to ...
Fed releases 2025 bank stress test scenarios
The Federal Reserve announced on Wednesday it would be testing big banks against heightened stress in commercial and ...
Fed's Jefferson: In no rush to reduce level of policy restraint
U.S. Federal Reserve Vice Chair Philip Jefferson on Wednesday said he is content to keep the central bank's policy rate in ...
Federal Reserve Releases Its Wall Street Bank Stress-Test Plans
The Federal Reserve released hypothetical scenarios for its annual stress tests, which seek to evaluate the resilience of big banks and ensure they can keep lending even in a severe recession.
Fed Vice Chair Jefferson advocates remaining cautious on rates as policy drama unfolds
Jefferson echoed recent statements from other officials that it’s in the Fed’s best interest to move slowly as it evaluates ...
Trump Promised a Cap on Credit Card Interest Rates. Here’s His Chance.
Senators Bernie Sanders and Josh Hawley say they will propose a 10 percent limit on credit card interest rates.
Hawley, Sanders push for 10 percent cap on credit card interest
Sens. Josh Hawley (R-Mo.) and Bernie Sanders (I-Vt.) introduced a bill on Tuesday seeking to cap credit card interest rates ...